Arbor Realty Trust Inc (NYSE:ABR) has been assigned a consensus broker rating score of 1.67 (Buy) from the three brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and two have given a strong buy recommendation to the company. Arbor Realty Trust’s rating score has declined by 67% in the last 90 days as a result of a number of analysts’ ratings changes.
Brokers have set a twelve-month consensus target price of $8.50 for the company and are anticipating that the company will post $0.20 EPS for the current quarter, according to Zacks. Zacks has also assigned Arbor Realty Trust an industry rank of 232 out of 265 based on the ratings given to related companies.
Several equities analysts have commented on the stock. Zacks Investment Research raised shares of Arbor Realty Trust from a “hold” rating to a “strong-buy” rating and set a $9.50 price target for the company in a research report on Thursday, November 9th. JPMorgan Chase & Co. assumed coverage on shares of Arbor Realty Trust in a research report on Thursday, December 21st. They issued a “neutral” rating and a $8.50 price target for the company.
Shares of Arbor Realty Trust (NYSE:ABR) traded down $0.06 during mid-day trading on Friday, reaching $8.37. 70,374 shares of the company’s stock traded hands, compared to its average volume of 452,042. The company has a debt-to-equity ratio of 1.72, a current ratio of 13.19 and a quick ratio of 13.19. Arbor Realty Trust has a 52 week low of $7.33 and a 52 week high of $8.99. The stock has a market cap of $514.60, a PE ratio of 8.26 and a beta of 0.40.
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About Arbor Realty Trust
Arbor Realty Trust, Inc is a real estate investment trust. The Company invests in a portfolio of structured finance assets in the multifamily and commercial real estate markets, primarily consisting of bridge and mezzanine loans, including junior participating interests in first mortgages, preferred and direct equity.
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